Apple Stock News: New Record for Apple

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.01 on Monday, May 8, 2017. It had a gain of 2.72% from its previous close of $148.96 per share.

Apple Stock News

 

After a record holding in cash equivalent, Apple is again pushing other limits. With more than $800 billion in market capitalization, Apple is reaching new 52 week highs. Leader of the IoT market, Apple never ceases to impress. Customers are preparing themselves for the iPhone 8. These are the latest news, along with a respectable Q2 earnings reassuring Apple investors. The company is financially in a good health. Next stop for the company: achieving a market capitalization of $1 trillion.

Analysts are confident that the company will continue to grow. According to them, there is no doubt that the iPhone 8 will be revolutionary. The financial markets seem to follow the same trend. Thus, the market anticipates a successful release of the iPhone 8, and Apple to be an investment to consider for the long term.

Behind Apple, the company Alphabet currently enjoys a market capitalization of $652 billion. Then, Microsoft and Amazon compete for the third place with market capitalization of $530 billion and $451 billion, respectively.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

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